Category: "Fund Accounting"

Software vs. Solution: Why work with an independent value-added reseller versus a software publisher directly?
March 31, 2015
Software vs. Solution: Why work with an independent value-added reseller versus a software publisher directly?

If you have ever approached a software vendor about their product, it probably went something like this: “Do you have budget for a purchase?” “When do you plan to buy?” “Are you the decision-maker?” “Who is our competition?” “Have you seen a demo?” Often, there is only a mild interest in reason why you inquired…

Why Evaluating and Reconfiguring Your Financial Management Software is Critical
March 17, 2015
Why Evaluating and Reconfiguring Your Financial Management Software is Critical

Why is everything so hard?   Things used to be great.  The data entry made sense.  The reports were all configured to give us exactly what we needed.  Month end processes were efficient, routine and predictable.   Now it seems like we’re doing more and more offline in Excel spreadsheets.  Coding is confusing.  Month end is…

5 Tips for Creating an Effective RFP for Business Application Software
March 10, 2015
5 Tips for Creating an Effective RFP for Business Application Software

Over the past few months we have seen a dramatic increase in organizations using RFPs and RFIs as part of their evaluation process. So, to help your organization meet the new demands of this process, we have put together a few points that will help you see around some of the pitfalls and make your…

Why Guaranteed, Fixed-Price Projects are Ideal for Nonprofits
February 24, 2015
Why Guaranteed, Fixed-Price Projects are Ideal for Nonprofits

How much is that?  Are you sure? Consultants, CPAs, attorneys and other professionals have long relied on time & materials billing as a cornerstone of project costing.  When a client approaches with a problem, they estimate the number of hours they will likely need to complete the work and then multiply that by the hourly…

Why Doesn’t Anyone Read These Reports?
January 16, 2015
Why Doesn’t Anyone Read These Reports?

Sometimes working in nonprofit finance can be frustrating.  A tremendous effort goes into carefully planning, recording and reporting financial information to meet regulatory and funder reporting requirements and provide actionable decision support information to the organization’s management team.  What we hear very frequently is that managers in some organizations seem indifferent about the information that…

Follow the Yellow Brick Road to Financial Confidence
December 17, 2014
Follow the Yellow Brick Road to Financial Confidence

We all know the story of the “Wizard of Oz” and Dorothy’s journey to follow the yellow brick road in order to reach Emerald City. She chose the path of the unknown and despite all obstacles, the path took her where she needed to be. Like Dorothy’s journey, it is frightening to many nonprofits to…

Sage Nonprofit Solutions is Now Abila
July 15, 2013
Sage Nonprofit Solutions is Now Abila

As many of you may have seen through email communications and press reports, Sage Nonprofit Solutions has completed the next step in their transition to being an independent company.  The company that produces the products known as Sage 100 Fund Accounting (aka “MIP”), Sage Fundraising 50, Millennium and Sage Grant Management will now be known as…

What if you didn’t have a server room?
April 23, 2013
What if you didn’t have a server room?

That’s the question we asked ourselves at JMT a few years ago when we were deciding whether that next big investment in servers and other infrastructure upgrades was the right path.  For many businesses and nonprofits, costs related to IT infrastructure, personnel, outside services and all of the other expenses necessary to keep your critical…

Sage Nonprofit Solutions is now an Independent Company!
March 21, 2013
Sage Nonprofit Solutions is now an Independent Company!

Last month we all were given the official news that Sage Nonprofit Solutions was being sold to Accel-KKR, a private equity firm.  This week, that sale was finalized and Sage Nonprofit Solutions is legally an independent company, no longer a part of Sage North America.  Congratulations to our colleagues at the new company! As we…

Independence from Sage for Sage Nonprofit Solutions
February 19, 2013
Independence from Sage for Sage Nonprofit Solutions

The Sage Nonprofit Organization is Being Kept Intact Last week the news broke that Sage Group PLC, the UK-based company that owns Sage North America and many software brands worldwide, was planning to sell Sage Nonprofit Solutions along with a number of other products as part of its stated goal to become more focused on…

11 Reasons You’ll Love Sage Grant Management
October 21, 2011
11 Reasons You’ll Love Sage Grant Management

If your organization relies heavily on grant funding, you need an automated system that addresses every stage of the grant life cycle, from application to final reporting.  Using spreadsheets is frustrating, time-consuming, and prone to data entry errors or incomplete reports. Here are 11 reasons we think you’d love Sage Grant Management: It has built…

Intacct Named One of CRN’s “25 Cloud Vendors You Need to Know”
August 14, 2011
Intacct Named One of CRN’s “25 Cloud Vendors You Need to Know”

At JMT Consulting Group we are very excited about Intacct and we offer its nonprofit solution that allows organizations to take advantage of the many benefits of cloud computing. Recently, Intacct was named one of the 25 Cloud Vendors You Need to Know by CRN.  This list is a who’s who of cloud computing and…

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